What are the ways for Bank of Communications to apply for credit card cash installment
At the end of each year, more and more people apply for credit card cash installment, and how to apply has become a problem that everyone wants to know. Today, taking the payment behavior as an example, let's talk about the cash installment application methods of Bank of Communications credit card.
cash installment refers to the installment service of large cash loans provided by qualified cardholders, and transfers funds from credit cards to debit cards under the cardholders' names. After the cash installment transaction arrives, it will be paid in installments according to the number of installments when you apply, and will be included in the next bill.
one of the installment APPlication methods: pay the bill APP application
log in to the new version of pay the bill app, click "card life" and select "I want cash" to apply for cash installment.
The second installment application method: Bank of Communications official website applies
Open the Bank of Communications credit card official website, click "Consumer Credit", select "Cash Installment", and then apply immediately. You can apply immediately after logging into your personal account.
the third installment application method: official micro-signal processing
The above is the cash installment application method of Bank of Communications credit card. get it quickly and use it.
, you can handle all kinds of credit cards quickly and safely.
What is the process of installment payment by Bank of Communications
1. Spend RMB 15 or USD 1 yuan or above with a single credit card of Bank of Communications;
2. Call the credit card of Bank of Communications at 4-8-9888 to inform the customer service staff of the transaction information between 2 days after the credit card transaction and 3 days before the due repayment date;
3. After a simple review, the customer service specialist can inform you that the application was successful. Bank of Communications credit card installment payment is interest-free and does not charge interest, but it will charge installment fees.
Extended information
1. The installment amount occupies the credit line
For example, if the bill of 2 is divided into 12 months, assuming that it is 2 per month, your credit line will be reduced by 18 in the first month because it is occupied. After each repayment, a part of the credit line will be restored.
2. There is a handling fee for installment
There is a certain handling fee for installment. The more installments, the lower the installment interest rate, and the installment fee is different from bank to bank. If the bill is billed or not, the installment fee will be calculated according to the installment interest rate. Banks encourage cardholders to make installments. If there is no economic pressure, it is best to repay in full.
3. Some expenses can't be paid in installments
For example, the part that used the temporary quota, such as the part that should be paid back in the previous installment (the installment applied for last month, 2 yuan should be paid back this month, and this 2 yuan can't be distributed any more).
what is the installment payment of bank of communications credit card?
First of all, Bank of Communications credit card installment payment:
1, installment payment does not need to hold Bank of Communications credit card for more than 3 months!
2. You can't apply for installment payment: general real estate sales, hospital transactions, business expenses, government consumption, transfer transactions and cash withdrawal transactions can't be applied for installment payment.
3. Bank of Communications Y-POWER Credit Card (Youth Card), with the initial installment amount of RMB 5 yuan or USD 6 yuan. Quasi-credit cards and quasi-corporate cards do not participate in the "split if you want" bill installment plan, and the initial installment amount of other credit cards of Bank of Communications is RMB 1, 5 yuan or US dollar 1 yuan.
There are three ways to pay by installment with the credit card of Bank of Communications:
1. Divide the credit card of Bank of Communications into 3, 6, 9, 12, 18 and 24 months if you want: you can log in to the online banking of SMS password user or certificate user or call the 24-hour customer service hotline of the credit card center from 2 days after the trading day to 3 days after the due repayment.
2. Bank of Communications credit card installment treasure: You don't need to have a credit card in advance, you can complete the installment application on the spot only by providing relevant materials on the spot, and the goods will be moved home on the spot, and you can also enjoy the long repayment period discount of delaying repayment for four months in large installments.
3. Bank of Communications credit card mail order installment: You don't need to swipe your card on site, you can complete the installment payment transaction with merchants thousands of miles away by phone, fax or online, free of interest and handling fees, and the goods can be delivered directly to your home.
the interest of installment payment of Bank of Communications' credit card is as follows:
Transaction amount (RMB) Monthly rate (%)
The down payment payable above 15 (inclusive) -65 (inclusive) -125 (inclusive) = total installment amount ÷ number of installments (the remainder is recorded in the down payment payable). Total installment amount × handling fee rate for each installment
Remaining repayment amount for each installment = total installment amount ÷ number of installments × rate for each installment
Reminder: the cardholder calls the 24-hour customer service hotline at 8-988-8888, 4-889-3888 or 21-53529888 two days after the consumption trading day and three days before the due repayment date.
how to handle credit card installment payment in Bank of Communications
Like all banks, Bank of Communications also provides installment payment service for credit card holders, but there are many ways to handle the installment payment business in this bank, and the different ways are different. Let's introduce the related matters of credit card installment service in Bank of Communications.
introduction of credit card installment payment of Bank of Communications
There are three main methods of installment payment provided by Bank of Communications, including installment payment, installment payment and mail order installment payment. The different methods of installment processing are different, as follows:
1. Divide the credit card if you want: To handle this installment business, the cardholder needs to log in to the online banking or call the credit card center for 24 hours from 2 trading days to 3 repayment days.
2. installment treasure: if you want to handle this business, it doesn't matter even if you don't have a credit card. As long as you rely on your personal credit and provide relevant materials on the spot, you can complete the installment application on the spot and take the goods you like home. If you handle a large installment, you can also enjoy the long repayment period discount of delaying repayment by four months. 3. Mail order installment: you don't need to swipe your card on the spot, just make a phone call and mail order.
2. Precautions for credit card installment payment of Bank of Communications
1. Not all transactions can be installment. According to the installment terms and conditions of "Divide the bill if you want", the following transactions cannot be installment payment:
1. Cash advance transactions, installment transactions, real estate transactions and various expenses (such as annual fees, interest, late fees and other credit card charges);
2 projects designated by the Bank of Communications.
2. There is a limit on the installment amount, and the installment amount should not be higher than the credit limit. Neither depositing in a credit card nor temporarily raising the credit limit can increase the maximum amount of the installment transaction.
Let's stop here for the introduction of how to pay by installment with Bank of Communications' credit card.